Market Summary

Norwood, Jefferson County, AL

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Median Home Price Price

$124,872 $124.9K

Median Monthly Rent Rent

$1,236 $1.2K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Jefferson County

Region Price Rent GRM Display
$217,868 $1,436 13.0x
$73,373 $1,162 5.0x
$65,702 $1,101 5.0x
$102,373 $875 10.0x
$59,168 $873 6.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AL outside of Jefferson County

Region Price Rent GRM Display
$362,955 $1,449 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AL

Region Price Rent GRM Display
$203,728 $1,716 10.0x
$226,109 $1,500 13.0x
$219,415 $1,696 11.0x
$118,150 $1,739 6.0x
$300,395 $1,186 21.0x
$321,253 $1,898 14.0x
$179,901 $1,218 12.0x
$218,088 $1,703 11.0x
$475,572 $1,582 25.0x
$247,990 $1,689 12.0x
$257,542 $1,763 12.0x
$373,884 $1,286 24.0x
$635,388 $2,613 20.0x
$251,319 $1,729 12.0x
$150,673 $1,093 12.0x
$172,823 $1,706 8.0x

Home prices

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Monthly rent

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GRM

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Norwood

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Trend Insights

Median Rent in Norwood, AL is $1,236, with MoM change +$18 and YoY change +$125 pointing to positive momentum while volatility is low (std $31).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Norwood, AL.

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Metric
Base market Norwood, AL
Compare market Select a market
Delta vs base
Median rent
$1,236
N/A
Median price
$124,872
N/A
YoY change
+$125
N/A
Price-to-rent
8.4x
Data unavailable
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